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Black Peony (Group) Co (SHSE:600510) Cyclically Adjusted FCF per Share : ¥0.33 (As of Mar. 2024)


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What is Black Peony (Group) Co Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Black Peony (Group) Co's adjusted free cash flow per share for the three months ended in Mar. 2024 was ¥-0.919. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ¥0.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Black Peony (Group) Co's average Cyclically Adjusted FCF Growth Rate was 22.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 31.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Black Peony (Group) Co was 53.30% per year. The lowest was -91.30% per year. And the median was 3.50% per year.

As of today (2024-04-29), Black Peony (Group) Co's current stock price is ¥4.75. Black Peony (Group) Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥0.33. Black Peony (Group) Co's Cyclically Adjusted Price-to-FCF of today is 14.39.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Black Peony (Group) Co was 646.00. The lowest was 13.52. And the median was 42.35.


Black Peony (Group) Co Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Black Peony (Group) Co's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Black Peony (Group) Co Cyclically Adjusted FCF per Share Chart

Black Peony (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.11 0.19 0.18 0.25

Black Peony (Group) Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.30 0.26 0.25 0.33

Competitive Comparison of Black Peony (Group) Co's Cyclically Adjusted FCF per Share

For the Textile Manufacturing subindustry, Black Peony (Group) Co's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Black Peony (Group) Co's Cyclically Adjusted Price-to-FCF Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Black Peony (Group) Co's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Black Peony (Group) Co's Cyclically Adjusted Price-to-FCF falls into.



Black Peony (Group) Co Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Black Peony (Group) Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.919/114.6694*114.6694
=-0.919

Current CPI (Mar. 2024) = 114.6694.

Black Peony (Group) Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.412 98.200 0.481
201409 -0.707 98.900 -0.820
201412 0.618 99.000 0.716
201503 -1.205 99.900 -1.383
201506 0.727 99.500 0.838
201509 -0.307 100.500 -0.350
201512 0.960 100.600 1.094
201603 -0.603 102.200 -0.677
201606 0.410 101.400 0.464
201609 0.333 102.400 0.373
201612 -0.175 102.600 -0.196
201703 -0.270 103.200 -0.300
201706 0.508 103.100 0.565
201709 1.077 104.100 1.186
201712 -0.427 104.500 -0.469
201803 0.093 105.300 0.101
201806 0.991 104.900 1.083
201809 1.030 106.600 1.108
201812 -0.585 106.500 -0.630
201903 -0.840 107.700 -0.894
201906 2.546 107.700 2.711
201909 1.467 109.800 1.532
201912 1.067 111.200 1.100
202003 -0.224 112.300 -0.229
202006 0.248 110.400 0.258
202009 -0.441 111.700 -0.453
202012 1.285 111.500 1.322
202103 -1.186 112.662 -1.207
202106 0.813 111.769 0.834
202109 -0.460 112.215 -0.470
202112 -1.059 113.108 -1.074
202203 -2.157 114.335 -2.163
202206 0.086 114.558 0.086
202209 0.779 115.339 0.774
202212 -0.051 115.116 -0.051
202303 -0.852 115.116 -0.849
202306 0.454 114.558 0.454
202309 -0.562 115.339 -0.559
202312 -0.113 114.669 -0.113
202403 -0.919 114.669 -0.919

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Black Peony (Group) Co  (SHSE:600510) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Black Peony (Group) Co's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.75/0.33
=14.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Black Peony (Group) Co was 646.00. The lowest was 13.52. And the median was 42.35.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Black Peony (Group) Co Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Black Peony (Group) Co's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Black Peony (Group) Co (SHSE:600510) Business Description

Traded in Other Exchanges
N/A
Address
No. 47 Qing Yang Bei Lu, Tianning Qu, Jiangsu Sheng, Changshu, CHN, 213017
Black Peony (Group) Co Ltd is a China-based company engaged in the manufacture and sale of jeans, clothes, and yarn-dyed-fabrics. The company products include denim fabric and denim garments.

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